TERRAFORMING TERRA
We discuss and comment on the role agriculture will play in the containment of the CO2 problem and address protocols for terraforming the planet Earth.
A model farm template is imagined as the central methodology. A broad range of timely science news and other topics of interest are commented on.

Wednesday, September 15, 2010

Developing US Oil Development Boom

This item is drawn from and investment advisory news letter touting oil investments. I cropped the pitch material and stayed with the storyline.

Over the last two years the elephant in the closet has been the pending collapse of conventional oil production from all those mega fields found over fifty years that have simply not been replaced.

What has happened is that drilling has been able to master the exacting art of threading a production well horizontally along the bottom of an oil bearing formation for a considerable distance.

They are then able to use hydraulics to fracture surrounding rock in short incremental steps along this entire length.

The result is that tight formations, which describes far too much of oil bearing rock, can be produced. Effectively a well accessing only a few feet of productive rock and perhaps only draining a barrel or so per day is turned into massive shatter zone over a kilometer in length and accessing even outside the produced fractures huge areas of oil saturated rock.

However slow the flow per cubic meter is, a massive volume of the formation is now slowly releasing its oil and cumulatively these become productive wells bringing perhaps a thousand or more barrels per day. I suspect that actual long term productivity will turn out to be surprising since it takes a long time for oil to migrate to the fractures from surrounding rock.

Besides this bit of drilling innovation we have the steady advance of THAI technology which releases the heavy oil deposits by mastering the art of in situ fire flooding to upgrade and produce these massive reserves.

That means that we can be optimistic regarding our own internal oil supply for the first time. We are going to have the option of abandoning the importation of oil outside of North America possibly over the next decade.

For 90 years, countless energy companies went broke, trying to crack the code to the largest oil deposits on earth – right in North America.

Moments before the release of a government energy report, a group of scientists finally hit pay dirt... unlocking more than three trillion barrels.

Here’s the full story…

It started inside the Oval Office in April 2010…

President Obama and his Joint Chiefs of Staff received a sensitive military report.

In collaboration with the IEA, the 75 page binder details the state of the world’s current and future petroleum reserves, as well as how it meets — or fails to meet — demand.

Through sources I swore to protect, we recently obtained a copy.

After just one look, I knew why it wasn’t being circulated to the general public... What I held in my hands confirmed the world’s last days of oil.

Here are a few of the shocking highlights:

“A severe energy crunch is inevitable without a massive expansion of production and refining capacity.”

“By 2012, surplus oil production capacity could entirely disappear.”

“And as early as 2015, the shortfall in output could reach nearly 10 million barrels per day.”

Other reports freshly hitting the press are just as scary:

The military's report further explains that just to break even with demand, every seven years, we’ll need to find another Saudi-sized giant, or:

3.8 more Venezuelas

2.6 more Irans

4 more Iraqs

4.5 more Kuwaits

Countries that have never liked us to begin with.

Yet, without these constant, vital discoveries, oil prices guarantee to climb well past $200, $300, even $400 a barrel as supplies pinch to virtually nothing.

Of course, I don’t think that we’ll see oil prices shoot nearly that high.

Scratch that. I’m sure of it.

You see, right now — despite the “public” opposition — Uncle Sam is secretly authorizing the largest onshore oil extraction project in U.S. history.

Combined with Canadian production, we're looking at more than three trillion barrels!

And as I’m about to show you, not only will this historic undertaking keep prices well below $150 a barrel; but what’s guaranteed to keep them low could also hand you thousands of dollars in extra income every week.

For some of you, these gains could start as soon as tomorrow!

Why You’ll Never Need to Worry about $300 Oil…

We’re Cracking into the Largest Deposits on Earth

You won’t read about it in the mainstream press.

Most companies involved aren’t even scripting press releases.

Heck, the only way to see if the rumors were true meant hopping on a plane, flying 1,505 miles, and then bribing a taxi an extra $75 to take me to a patch of land located — literally — in the middle of nowhere.

The driver must have thought I was crazy. And after traversing the barren landscape for what seemed like hours, as the meter kept ticking higher and higher, so did I.

But then, as my patience ran on its last thread, we hit pay dirt.

What grew rapidly from the horizon with each passing mile exceeded my greatest hopes.

You see, in spite of the current administrations “public views” on oil drilling…

In spite of their “effort” towards alternative fuels…

In spite of making oil companies look like “villains”…

The federal government is issuing domestic drilling permits almost faster than they could print them.

In a massive area that — just three years ago — used to be so desolate that it could hardly sustain a shrub, an entire boomtown was blossoming.

Rigs, roads, lights, shops, office buildings, restaurants, banks, and bed & breakfasts were popping up all over the place.

To give you an idea of just how big this site was becoming:

“According to the most recent edition of the study of U.S. employment trends, this little—known area is solely responsible for creating so many jobs that despite skyrocketing unemployment for the other 47 continental states, this state recorded a 3% increase in employment!”

It literally increased employment levels across the entire state!

And things are just heating up...

You see, for several months leading up to the military’s oil report — and drastically increasing afterwards — hundreds of oil & gas outfits, from wildcats to big oil, have been strategically securing countless acres of land in seven, very specific regions throughout North America.

My brief visit, 1,505 miles from home, marked just one location.

And while you won’t read more than a blurb about it in the mainstream press, right now, they’re in the beginning stages of an all-out land rush.

According to a report issued by Reuters, these seven spots have grown so popular that together they doubled the number of onshore rigs in the entire U.S. this year alone!

As one Shell spokesman puts it:

“We've been acquiring land and associated water rights... We're just situating ourselves so that when the time comes, we'll have the resources we need.”

Why the sudden surge?

673 Years Worth of Energy!

World Energy Council Confirms

U.S. & Canada Hold the Largest Oil Deposits on Earth

It’s no secret that the United States and Canada contain vast deposits of unconventional oil & natural gas...

The stuff that doesn’t rush to the ground the moment you poke a hole in the earth as though it was a juice box.

But just how much we have has long remained the question.

According to the World Energy Council’s latest 600 page report, we’re looking at more than three trillion barrels of oil... and more than a quadrillion cubic feet of natural gas.

That's enough fossil fuels to power the U.S. for the next 673 years!

Take a look:

We’ve got nearly 1.8 trillion near the Rocky Mountains alone... and 2.397 trillion in place in the Canadian Oil Sands.

Together, it puts North America at the top of global oil deposits!

But as I mentioned, this oil is no “new” discovery...

On the American side, we’ve known about these deposits going as far back as the 1920s.

In Canada, the Canadian First Nations waterproofed their canoes with tar from the oil sands for hundreds of years.

The problem’s never been finding the oil; it’s been getting it out.

And over the decades, we’ve tried virtually everything — I mean everything...

For decades, we wasted billions of dollars drilling, pumping, flooding, and praying to unlock this unprecedented oil supply within our country's borders.

On May 17, 1973, the U.S. Government even went to the extreme…

That morning, in Rifle, Colorado, the earth violently shook. Residents panicked and thought their humble town would soon fall to rubble at the hands of a massive earth quake.

But this was no quake...

The tremors, reports later confirmed, were caused by Uncle Sam detonating a nuclear weapon, thousands of feet beneath the surface, in a last-ditch effort to produce oil.

Part of Operation Plowshare, even nukes proved completely useless in extracting the vast resource locked in the rocks.

It was a similar struggle for the giant fields discovered in Texas, Louisiana, North Dakota, and Pennsylvania.

Not to mention the other two trillion barrels trapped in the Canadian Oil Sands — oil that, to this very day, is extremely labor-intensive to extract.

In fact these deposits would remain in lockdown, unattainable for nearly another 100 years, until...

“[We’ve”] Cracked The Code!” – Anton Dammer, director of the U.S. Department of Energy’s Office of Naval Petroleum and Oil Shale Reserves

It was bound to happen eventually, thanks to the dedication and collaboration of several innovative oil companies in the area.

And while the precise details of the technology used to extract the mother lode of oil deposits is still a closely guarded secret, it’s recently making millionaires out of a few ordinary investors...

Why keep their amazing technological breakthrough under wraps and NOT claim worldwide fame?

Think about it for a minute...

Imagine you found a massive trapped gold mine in your neighborhood. Now imagine you created a technology to mine it — a technology unique to this specific gold mine.

Would you tell anyone how to do it? Would you reveal your secret?

No, of course not.

You would want to make as much money as possible, before everybody else found out about it.

Well that's exactly what's going on now in these seven regions across North America.

And the in-the-know companies now single handedly control the world’s largest oil deposits!

Even though their technology is rather well-known, actually using it successfully is the big secret.

The technology is called Horizontal Directional Drilling or H.D.D., and only this group of companies has mastered the process.

And they’re only sharing with the highest bidders.

But How Does Horizontal Directional Drilling Work, Exactly?

As I mentioned earlier, getting oil out is not a matter of simply poking a hole in the ground until you hit a soft spot full of oil — what we know as the old vertical drilling technique.

These giant deposits are woven with rocks, and that rock-layer is wide but very thin... Thin enough that vertical drilling is horribly unsuccessful, not to mention extremely expensive.

That is, until they attempted to drill a well sideways — a technique called "horizontal directional drilling" — in which wildcatters drill down to the oil and then kick out their well thousands of feet to the left or right, sort of like an underground sprinkler.

Here's what it looks like:

But horizontal drilling alone isn't enough to get the oil out of the ground.

You still need to figure out a way to both drill sideways and fracture the rock to release the oil.

Until now, both horizontal drilling and fracturing had been done before, but never together.

Now that they’ve been mastered, these combined technologies are making drilling and extracting our own safe, domestic oil both possible and extremely profitable.

In fact the technique is so efficient that companies — like the ones I will tell you about below — are extracting oil at an amazing cost of just $16 a barrel!

They’re also pulling natural gas from these regions for such a cheap price that this technology has single-handedly plummeted prices!

It has oil & gas companies flooding into these areas like never before — and their share prices skyrocketing, almost as fast as they set up shop!

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About Me

18 years old, having cleaned out my HS library, I concluded the only ambition worth having was becoming a great genius. An inner voice cheered. Yet it is my path I have shared much to the Human Gesalt. Mar 2017 - 4.56 Mil Pg Views, March 2013 - Posted my paper introducing CLOUD COSMOLOGY & NEUTRAL NEUTRINO described as the SPACE TIME PENDULUM. Sep 2010 -My essay titled A NEW METRIC WITH APPLICATIONS TO PHYSICS AND SOLVING CERTAIN HIGHER ORDERED DIFFERENTIAL EQUATIONS has been published in Physics Essays(AIP) June 2010 quarterly. 40 years ago I took an honors degree in applied mathematics from the University of Waterloo. My interest was Relativity and my last year there saw me complete a 900 level course under Hanno Rund on his work in Relativity. I continued researching new ideas and knowledge since that time and I have prepared a book for publication titled Paradigms Shift. I maintain my blog as a day book and research tool to retain data, record impressions, interpretations and to introduce new insights to readers.